"Income of very richest shot up by 281% since 1979" LINK

[Blackhatjack]

http://rawstory.com/rs/2010/0728/top-1-making-280-1979/

Income of very richest shot up by 281% since 1979

"What makes these pay rates really "infuriating," says Hayes, is that "CEO pay is both a cause and partly a symptom of the staggering increase of inequality in this country.

Hayes cited a study recently released by the non-partisan Center on Budget and Policy Priorities which shows that if you're in the bottom 20% of earners, "you're making only 16% more today than you would have in 1979." If you're in the middle fifth, you're making 25% more. "But the top fifth of earners in this country -- they're making 95% more."


"This is how much better the top 1% of Americans are doing now. The income of the very richest among us has shot up by 281% since 1979"

[fascisthunter]

1. "Why is our country in Debt... must be because of socialists.... duh, burp"

no, it's because of greedy fucking republicans and their uppercrust friends... ya know, the worthless limp wristed whinners who were born with a silver spoon in their asses.

[Mimosa]

3. That's how Stuart Varney and Neal Cavuto would interpret it. n/t

[uncommon]

2. k&r

[Oregone]

4. Yeah, but that allows them to throw fancy weddings that help out the economy

So hurray. It helps the little guy. Right?

[xchrom]

5. Be nice to see an oval office take this on --

Instead of say teachers or creating another no bid
Contract system out of the insurance industrial complex.

Does anyone still think it's accident that our kids fall
Down the rabbit hole and the wealthiest get
Richer faster than the speed of sound?

[valerief]

6. The American Dream. To be born rich and become 3 times richer. nt

[cutlassmama]

7. The rich get richer and the poor get poorer.